Khorwal Financials
Insurance Planning
Protect everything you've built — before the unexpected takes it away
You spend years building wealth. A single medical emergency, an untimely death, or a critical illness diagnosis without proper coverage can undo decades of disciplined investing — in months.
Insurance isn't about pessimism. It's about ensuring that your financial plan survives life's unpredictability — so your family's future remains secure regardless of what happens to you.
At Khorwal Financials, we approach insurance as a financial planning tool — not a commission-driven product sale. We help you identify the gaps in your protection, cut the policies you don't need, and build a lean, comprehensive shield that lets your investments grow without risk to your downside.
Frequently Asked Questions
Q. How much term insurance cover do I need?
As a thumb rule, your term insurance cover should be at least 10-15 times your annual income, plus any outstanding liabilities like home loans. We help you calculate the exact 'Human Life Value' to ensure your family is fully protected.
Q. Is company-provided health insurance enough?
Usually, no. Corporate cover is often limited, may have co-pay clauses, and ends if you lose or leave your job. A standalone health insurance policy ensures lifelong coverage and allows you to customize benefits like 'No Claim Bonus' and 'Restoration Benefit'.
Q. What is the best age to buy insurance?
The best age is today. Insurance premiums increase significantly with age, and you risk being denied coverage if you develop a health condition later. Buying early locks in lower premiums for life.
Q. Should I buy insurance for investment (ULIP/Endowment)?
Generally, we advise against mixing insurance and investment. Term plans provide better cover at lower costs, while mutual funds offer better long-term returns. Separating the two gives you more control and better overall financial outcomes.
Types Covered
Term, Health, ULIP review
Who It's For
Individuals & families
Our Role
Advisor, not agent
Consultation
Free first session
What We Advise On
Pure Term Insurance
The only life insurance product worth having.
Term plans provide the highest coverage at the lowest premium. A ₹1 crore cover for a 30-year-old nonsmoker can cost as little as ₹9,000/year. If you don't have term insurance and have dependents — this is your most urgent financial priority.
Health / Mediclaim Insurance
One hospitalisation can wipe out years of savings.
Healthcare inflation in India runs at 14% per year. A ₹5L corporate health plan is inadequate by age 45. We help you evaluate standalone health policies with comprehensive coverage, no room rent sub-limits, and zero copay — for your entire family.
Critical Illness Cover
Your income stops. Your bills don't.
Cancer, heart attack, stroke — critical illnesses don't just come with medical bills. They come with income loss, caregiver costs, and recovery expenses. A standalone critical illness policy pays a lump sum at diagnosis, giving you financial breathing room when you need it most.
Existing Policy Audit
Are your ULIPs and endowment plans silently costing you?
Most people hold traditional LIC policies or ULIPs from the 2000s and 2010s — products that mix insurance and investment at the cost of both. We audit your existing policies, calculate your true IRR, and advise whether to continue, surrender, or restructure.
5 Insurance Mistakes Most Indians Make
Buying insurance to 'save tax' rather than to protect income
Relying solely on employer-provided group health insurance
Choosing endowment plans as investments — they're among the worst performing assets in India
Not disclosing pre-existing conditions, leading to claim rejection at the worst time
Buying inadequate coverage — ₹5L health cover for a family of 4 in a metro city is grossly insufficient
Our Commitment
We do not earn commissions from insurance product sales. Our insurance advisory is fee-based and purely in your interest. We will tell you exactly what you need, what you can drop, and why — without any sales pressure.